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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Turn key restaurants
233 Broad St Rome, GA 30161-3002
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-2716452
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,320 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-B-C
APN
J14D- -052 -
UPID
US22-2716452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Park home apartments Apartment Building
-
John Henry's Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$795k
Owner & transaction history
Zelenak Estates LLC · 4 yrs held
Zelenak Estates LLC
since 2021
7 recorded transactions
Zoning & alternative use
C-B-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rome submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rome submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,621
Tax year 2023
Assessed value
$632,588
Assessed 2023
Previous assessed
$632,588
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$37,632
Assessed improvement
$594,956
Land market value
$94,080
Improvement market value
$1,487,389
Total market value
$1,581,469
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
CENTRAL
Total area
16,320 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-B-C
APN
J14D- -052 -
UPID
US22-2716452
Jurisdiction
FLOYD
Zoning & alternative use
C-B-C · Rome, GA
Zoning C-B-C · permitted uses
C-B-C · Rome, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rome. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Lot
0.18 ac
Current owner
From public records · entity-resolved
Zelenak Estates LLC
Entity
Mailing address
233 BROAD ST, ROME, GA 30161-3002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2021
—
Zelenak Estates LLC
Michal Zelenak
Warranty Deed
—
Jul 15, 2021
$1,410,000
Michal Zelenak
Rome Pizza Company LLC
Warranty Deed
$1,128,000 · First National Community Bank
Apr 7, 2020
—
Rome Pizza Co
—
Deed
related
$77,546 · Heritage First Bk
Aug 20, 2018
—
Rome Pizza Co LLC
—
Deed
related
$215,432 · Heritage First Bk
Apr 14, 2017
—
Rome Pizza Co LLC
—
Deed
related
$225,000 · Heritage First Bk
Feb 8, 2013
—
Rome Pizza Co LLC
Blumberg,robert F
Warranty Deed
$658,994 · Heritage First Bank
Feb 6, 2013
—
Rome Pizza Co LLC
Bloomberg,robert F
Grant Deed
$658,994 · Heritage First Bank
Apr 29, 2010
$400,000
Robert F Blumberg
United Cmnty Bk
Grant Deed
$340,000 · United Community Bank
Apr 28, 2010
$400,000
Robert F Blumberg
United Community Bank
Grant Deed
—
Apr 14, 2010
$475,000
United Cmnty Bk
Catalano,peter L
Trustees Deed
related
—
Apr 6, 2010
$475,000
United Community Bank
Catalano,peter L
Grant Deed
—
Aug 10, 2009
—
Peter L Catalano
—
Trustees Deed
related
$50,000 · North Side Bank & Trust
Feb 4, 2008
—
Peter C Catalano
Naguszewski,robert K
Quit Claim Deed
related
—
Feb 4, 2008
$272,500
Peter L Catalano
Hoyt,wade C III
Warranty Deed
$463,250 · United Community Bank
Dec 20, 2007
—
Wade C Hoyt III
Heritage First Bank
Quit Claim Deed
related
—
Jun 7, 2007
—
Heritage First Bank
Walstad,joe G
Quit Claim Deed
related
—
May 31, 2007
—
Heritage First Bk
Armas,mario D
Quit Claim Deed
related
—
—
—
Rome Pizza Co LLC
—
Loan Modification
related
$225,000 · Heritage First Bk
—
—
Rome Pizza Co
—
Loan Modification
related
$569,518 · Heritage First Bk
—
—
Rome Pizza Co LLC
—
Loan Modification
related
$215,432 · Heritage First Bk
—
—
Peter L Catalano
—
Loan Modification
related
$463,000 · United Community Bank
—
—
Peter L Catalano
—
Loan Modification
related
$463,000 · United Community Bank
—
—
Robert K Naguszewski
—
Deed Of Trust
related
$163,000 · Joe G Walstad
—
—
Peter L Catalano
—
Loan Modification
related
$453,000 · United Community Bank
—
—
Rome Pizza Co LLC
—
Deed Of Trust
related
$225,000 · Heritage First Bk
—
—
Rome Pizza Co
—
Deed Of Trust
related
$77,546 · Heritage First Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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